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Foreign-funded technical assistance projects approved

VGP – Top Government leaders recently ratified technical assistance projects on banking and transportation separately sponsored by the Government of Switzerland, the Asian Bank and the Nordic Development Fund (NDF).

July 29, 2010 5:05 PM GMT+7

Illustration photo

PM Nguyễn Tấn Dũng gave nods to a non-refundable project worth of CHF 1,300,000, funded by the Swiss Government to design a development strategy for the banking sector in the 2011-2020 period. 

The Vietnamese Government chief also agreed to the technical assistance project sponsored by the Asian Bank to compose a feasible research report on the Hà Nội urban railway project (section between the Hà Nội Station and Hoàng Mai).

Deputy PM Phạm Gia Khiêm approved the extension of the Credit Agreement 442-NDF funded by the NDF for the Project on upgrading and improving transport network in Central Việt Nam. Accordingly, the Agreement will be valid until June 30, 2012 instead of December 31, 2010./.

By Kim Loan